saving more cash to give management. Where is our BOD?, who's guarding assets ?
DuPont Co., the world’s biggest maker of titanium dioxide pigment, will delay the start of a plant to make the whitening chemical by as much as a year because of weak demand.
The new line in Altamira, Mexico, will be completed in 2015, Wilmington, Delaware-based DuPont said today in a regulatory filing. The company previously said the Mexican facility could be operating by late 2014.
The company is selling every business it can and delaying capital spending. This sounds just exactly like a company in decline with management taking every dime out of the company they can get their hands on.